C.NERGY: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
C.NERGY
Largest movements
- Tangible fixed assets -€23,976
down €23,976 (-11.1%), from €215,333 to €191,357
of which Land and buildings: -€15,009
- Debts after one year -€23,439
down €23,439 (-22.5%), from €104,199 to €80,760
- Profit (loss) carried forward +€12,719
up €12,719, from -€11,648 to €1,071
- Trade debts -€8,320
down €8,320 (-77.1%), from €10,796 to €2,476
- Other debts -€3,496
down €3,496 (-4.3%), from €80,505 to €77,009
- Gross operating margin -€13,801
down €13,801 (-39.3%), from €35,150 to €21,350
- Depreciation -€4,550
down €4,550 (-27.9%), from €16,291 to €11,740
- Other operating charges +€1,805
up €1,805 (+465.1%), from €388 to €2,193
- Financial charges -€869
down €869 (-18.4%), from €4,728 to €3,859
From the 2023 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €217,138 | €193,664 | -€23,474 | -10.8% |
| Fixed assets | 21/28 | €215,383 | €191,407 | -€23,976 | -11.1% |
| Tangible fixed assets | 22/27 | €215,333 | €191,357 | -€23,976 | -11.1% |
| Land and buildings | 22 | €200,948 | €185,939 | -€15,009 | -7.5% |
| Furniture and vehicles | 24 | €338 | - | -€338 | |
| Other tangible fixed assets | 26 | €14,047 | €5,418 | -€8,629 | -61.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €1,755 | €2,257 | +€502 | +28.6% |
| Amounts receivable within one year | 40/41 | €92 | - | -€92 | |
| Other amounts receivable | 41 | €92 | - | -€92 | |
| Cash at bank and in hand | 54/58 | €1,663 | €2,257 | +€594 | +35.7% |
| Total equity and liabilities | 10/49 | €217,138 | €193,664 | -€23,474 | -10.8% |
| Equity | 10/15 | €8,757 | €21,476 | +€12,719 | +145.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Capital | 10 | €18,550 | €18,550 | = | 0.0% |
| Issued capital | 100 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Legal reserve | 130 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,648 | €1,071 | +€12,719 | |
| Amounts payable | 17/49 | €208,381 | €172,187 | -€36,193 | -17.4% |
| Amounts payable after more than one year | 17 | €104,199 | €80,760 | -€23,439 | -22.5% |
| Financial debts | 170/4 | €104,199 | €80,760 | -€23,439 | -22.5% |
| Amounts payable within one year | 42/48 | €102,701 | €91,428 | -€11,273 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €11,056 | €11,943 | +€886 | +8.0% |
| Trade debts | 44 | €10,796 | €2,476 | -€8,320 | -77.1% |
| Suppliers | 440/4 | €10,796 | €2,476 | -€8,320 | -77.1% |
| Taxes, remuneration and social security | 45 | €343 | - | -€343 | |
| Taxes | 450/3 | €343 | - | -€343 | |
| Other amounts payable | 47/48 | €80,505 | €77,009 | -€3,496 | -4.3% |
| Accrued charges and deferred income | 492/3 | €1,481 | - | -€1,481 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,291 | €11,740 | -€4,550 | -27.9% |
| Other operating charges | 640/8 | €388 | €2,193 | +€1,805 | +465.1% |
| Gross operating margin | 9900 | €35,150 | €21,350 | -€13,801 | -39.3% |
| Operating profit (loss) | 9901 | €18,472 | €7,416 | -€11,055 | -59.9% |
| Financial charges | 65/66B | €4,728 | €3,859 | -€869 | -18.4% |
| Recurring financial charges | 65 | €4,728 | €3,859 | -€869 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €13,743 | €3,557 | -€10,186 | -74.1% |
| Income taxes | 67/77 | -€216 | -€252 | -€35 | -16.3% |
| Profit (loss) for the period | 9904 | €13,960 | €3,809 | -€10,151 | -72.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,960 | €3,809 | -€10,151 | -72.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.